Thanks Kevin. It is now due to be introduced on 1st Jan 2026. I am in favour of autoenrolment, but it is another cost of doing business for the SME sector, and by definition those who will be affected most are smaller businesses. It is estimated that 850,000 workers will be brought into the pension good. A good thing from a longer term economic stability perspective, but it does pose another SME challenge.
A few weeks back in another episode you both talked briefly about the planned contributory pension scheme in Ireland. I admit I didn't know much about this being part of the diaspora, but I understand from you that it's canned for now? Unsurprisingly Dr Power (advocating for small business as usual) expressed that it was a good idea to put it on hold due to the "cost of doing business". Would like to hear your deeper thoughts and economic projections on this given the conversations in the last episode ("not my GDP"), and the looming pension crisis that is what 20 years away?
I also enjoyed Jim's shock horror at the tax take from atha cliath. Someone should tell the Healy Raes.
All the data suggests rent controls don’t work but guess what our government does, it makes it nationwide. So RPZ is a failure and the solution is introduce it more. Go figure! This government guarantee scheme you suggest I wonder how that would have fared if that was introduced in the Celtic tiger. Why should the tax payer foot the bill. You say we need government intervention as house building is too low. Maybe it is because of government Intervention that this is the reason. That is exactly what has happened. Useless policies Exacerbate the problem.
My own area there is a ban on building as the water infrastructure can’t handle new houses. All in all government all over the place. Bringing in rent controls was a disastrous policy and now they are compounding it.
Thanks Kevin. It is now due to be introduced on 1st Jan 2026. I am in favour of autoenrolment, but it is another cost of doing business for the SME sector, and by definition those who will be affected most are smaller businesses. It is estimated that 850,000 workers will be brought into the pension good. A good thing from a longer term economic stability perspective, but it does pose another SME challenge.
Thank you for the reply it's much appreciated!
I wonder if you could do an episode on pensions down the track.
Again great work by you both !
Kevin
Will do.
I despair over the lack of innovation and thoughtfulness within our successive 21st century governments
I love the idea of housing funds with principle guaranteed by the gov and interest at a decent rate to encourage investment 👍
Planning & infrastructure needs to be tackled.
It is not good enough that Irish Water can’t get waste treatment plants created & thus can serve new housing in Dublin
Likewise that small numbers of persons can stop building on “I just don’t want neighbours” excuses
Our politicians need to grow a pair!
Hey gents, love the podcast .
A few weeks back in another episode you both talked briefly about the planned contributory pension scheme in Ireland. I admit I didn't know much about this being part of the diaspora, but I understand from you that it's canned for now? Unsurprisingly Dr Power (advocating for small business as usual) expressed that it was a good idea to put it on hold due to the "cost of doing business". Would like to hear your deeper thoughts and economic projections on this given the conversations in the last episode ("not my GDP"), and the looming pension crisis that is what 20 years away?
I also enjoyed Jim's shock horror at the tax take from atha cliath. Someone should tell the Healy Raes.
keep up the good work.
Kev
All the data suggests rent controls don’t work but guess what our government does, it makes it nationwide. So RPZ is a failure and the solution is introduce it more. Go figure! This government guarantee scheme you suggest I wonder how that would have fared if that was introduced in the Celtic tiger. Why should the tax payer foot the bill. You say we need government intervention as house building is too low. Maybe it is because of government Intervention that this is the reason. That is exactly what has happened. Useless policies Exacerbate the problem.
My own area there is a ban on building as the water infrastructure can’t handle new houses. All in all government all over the place. Bringing in rent controls was a disastrous policy and now they are compounding it.